Refined Energy Terminates Dufferin Option Agreement

REFINED ENERGY TERMINATES DUFFERIN OPTION AGREEMENT

Vancouver, British Columbia – August 14, 2026 – Refined Energy Corp. (CSE: RUU) (OTC: RRUUF)

(FSE: CWA0) (the "Company" or "Refined") announces that it has elected to terminate its option

to earn an interest in the Dufferin Uranium Project in Saskatchewan.

Mark Fields, Chief Executive Officer of Refined Energy, commented:

"We would like to thank Eagle Plains Resources Ltd. for the opportunity to explore and drill test

the Dufferin Project. Following the completion of our initial exploration program and technical

review, the Company has elected not to proceed with the option agreement. We remain

committed to a disciplined approach to capital allocation and will now focus our exploration

efforts on advancing the Golden Goose gold-antimony project in Newfoundland.”

Refined Energy expects to receive the independent NI 43-101 technical report for the Golden

Goose Project in the near term and developing future exploration plans for the project.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and

approved by Jared Suchan, P .Geo., a geological consultant to the Company and a Qualified Person

as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Refined Energy Corp.

Refined Energy Corp. is a Canadian mineral exploration company focused on the acquisition,

exploration and development of strategic mineral projects in North America. The Company is

committed to identifying and advancing high -quality exploration opportunities in tier -one

jurisdictions.

ON BEHALF OF THE BOARD OF DIRECTORS

Mark Fields

Chief Executive Officer

For further information, please contact:

Refined Energy Corp.

Email: [email protected]

Website: www.refinedenergy.com

Forward-Looking Statements

This news release contains forward -looking statements and forward-looking information within

the meaning of applicable securities laws. Forward-looking statements in this release include, but

are not limited to, statements regarding the Company's plans for the Golden Goose Project,

including: the completion and timing of the NI 43 -101 technical report, the planned exploration

activities, the potential completion of a summer exploration program, and evaluation of regional

opportunities. Forward-looking statements are based on management's current expectations and

assumptions and are subject to various risks and uncer tainties that could cause actual results to

differ materially from those expressed or implied by such forward -looking statements. Readers

are cautioned not to place undue reliance on forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts

responsibility for the adequacy or accuracy of this release.